$0.0153

SwingCoin has started on 28.08.2015, and its developer is a person that goes by the nickname _Crypto. SwingCoin offers instant payments on a global scale. It’s a PoS/PoW hybrid that has some strategic block rewards. The current amount of tokens is 3,339,326. The max supply is 40,000,000, according to _Crypto. PoS rewards are equal to 1% of the last three digits of the blocks number. It is the same with PoW, only with the inclusion of a multiplier. Here’s a simple example: the PoS reward on block 8532 would be 5.32, while the PoW reward is 4.256 (80% of 5.32). There is an exclusion when the block number ends with 0. In that case, the miners would earn 100%, rather than nothing.The time needed for the coins to start staking is around five minutes (unless the amount is too small).

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